Zinc :
Supported by an
upsurge in demand from consuming industries at domestic spot market, zinc
prices traded higher by 0.62 per cent to Rs 171.30 per kg in futures market
today as participants built up fresh positions. Zinc is in strong uptrend and
the trend is supported with good volume the open interest is not increasing
with trend. Cautious point is buying at higher levels seems decreasing. The
oscillator is showing buy signal for short term the current position is buying.
Support for the Zinc is 166. Immediate resistance for Zinc is 180.
FOR FREE TRIAL CLICK ON BELOW LINK
No comments:
Post a Comment